Volunteers/Interns Living Near London, England
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Danielle Peck,
Photographer & Writer
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London, UK
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Liz Gentilcore,
Fair Trade Certification Program Developer
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London, UK
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Laura Boardman,
Designer
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London, UK
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Ray Zhang,
Financial Analyst
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London, England
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Belinda Cooper,
General Business Advisor
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Leatherhead, Surrey, England
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Sarah Parish,
Interviewer/Researcher
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Cobham, United Kingdom
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Lisa Mok,
Business Analyst
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Slough, England
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Keziah Newlove ,
Batik Designer
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Cambridge, UK
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Katie Portwin,
International E-commerce Consultant
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Oxford, England
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Natalie Sturman,
Fashion Designer
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Ipswich, England
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Catherine Deane,
New Product Development
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Hereford, England
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Ray Zhang
Financial Analyst
[London, England]
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Click for more Photos
Volunteer
  
Vacation
 
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Ray at a batik workshop with Mary
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Description:
As WIP/Global Mamas continues to grow, we have identified the need to look into strategic financial management. This includes analyzing the consolidated financial statements and key financial & operational matrics, industry benchmark, and improving pricing & margin with more accurate and efficient indirect costs allocation.
Achievements:
Ray assisted WIP in many areas: - Reviewed 2007-2009 consolidated financial statements; consolidated 2010 Ghana vs. U.S. financial statements (Income Statement & Balance Sheet).
- Provided key matrics trending & benchmark to global garment/apparel manufacturing & retail industries, especially in the area of Gross Margin, COGS, and Net Profit Margin.
- Worked with WIP staff/volunteer results in an improved Indirect Costs allocation model.
- Conducted serveral surveys with Cape Coast based Global Mamas to gather their feedback on the financial workshops that they have received back in June/July 2011; provided coaching and guidance to these Mamas on some of the business/financial issues they face, especially in the area of managing the customer orders and payment collections.
Highlights:
Ray enjoyed the discussions she had with some of the Mamas in Cape Coast about how WIP/GM has positively impacted their lives. She appreciated the discussion she had with the two WIP founders about the past and future of WIP/GM, and some readings of African history & the social enterprises vs. NGO, combined. Ray feels like she has a better perspective of the complexity of challenges in Africa/Ghana and a better appreciation of the impact that NGO's like WIP/GM has in improving social and economical progress in Africa.
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